When you deposit a large amount of funds at our bank, we place that money into CDs issued by other banks in our network. The funds are divided in increments of less than $100,000 so both principal and interest qualify for complete FDIC protection. You receive coverage from many banks with the convenience of working with just one.

* Depositors may submit funds for placement only after they enter into the CDARS® Deposit Placement Agreement, which contains important information and conditions regarding Hometown Bank's placement of funds.

CDARS® is a registered service mark of Promonontory Interfinancial Network, LLC.